Overview
What is Compass Collegiate Academy?
Compass Collegiate Academy (CCA) is a tuition-free public school situated in Charleston, South Carolina. Established within the State Charter School District, CCA currently offers kindergarten and first-grade classes with plans to add a new kindergarten class annually, eventually expanding to a full kindergarten through eighth-grade institution. As of the school year ended in June 2022, approximately 54 students were enrolled. CCA's mission is to empower every scholar with the essential academic foundation and strong habits that foster lifelong learners who lead purposeful, civic lives. With a dedicated team of 35 employees, CCA aims to inspire and cultivate individuals who make meaningful contributions to their communities.
Official website here: www.cca-chs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
Compass Collegiate Academy has received a Three-Star rating from Charity Navigator, indicating a commendable performance in accountability and finance. The overall score reflects a strong commitment to transparency, with an independent board comprising 100% independent members and a robust financial audit process. The organization demonstrates fiscal responsibility, evidenced by a low liabilities-to-assets ratio of 9.59% and a solid program expense ratio of 60.77%.
However, while the Academy excels in several areas, it has room for improvement. Notably, the absence of a whistleblower policy is a significant gap that could impact the organization's overall governance practices. Despite this limitation, the strong scores in areas such as conflict of interest policy and documentation practices showcase a committed effort towards maintaining integrity and accountability within its operations.
In summary, Compass Collegiate Academy exhibits a strong financial footing and governance structure. Continued attention to policy development, particularly in areas like whistleblower protections, will enhance its accountability further and support its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Compass Collegiate Academy legitimate?
Compass Collegiate Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Compass Collegiate Academy submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $398,366
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Official website here: www.cca-chs.org
What is the mission statement of Compass Collegiate Academy?
Compass Collegiate Academy's mission is centered around educating every scholar, providing them with a solid academic foundation and instilling strong habits. This mission aims to foster lifelong learners who lead purposeful and civic lives. The academy aims to inspire and cultivate these learners, enabling them to contribute positively to society. The academy operates as a tuition-free public school, currently offering classes from kindergarten to first grade, with plans to expand gradually. As of June 2022, approximately 54 students were enrolled.
Official website here: www.cca-chs.org
Who is the CEO of Compass Collegiate Academy?
Elizabeth Simpson is the Principal Officer of Compass Collegiate Academy.
Official website here: www.cca-chs.org
What is the revenue of Compass Collegiate Academy?
Compass Collegiate Academy's revenue in 2022 was $1,431,456.
Official website here: www.cca-chs.org
Who are the executives of Compass Collegiate Academy and what are their salaries?
The average compensation at Compass Collegiate Academy during 2022 was $11,382. There are 35 employees at Compass Collegiate Academy.
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Official website here: www.cca-chs.org
Where can I find the form 990 for Compass Collegiate Academy?
Compass Collegiate Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cca-chs.org
Learn more at the official website: www.cca-chs.org
Mission Statement of Compass Collegiate Academy
Compass Collegiate Academy, a tuition-free public school, is dedicated to providing every scholar with a solid academic foundation and strong habits. This mission aims to inspire and cultivate lifelong learners who lead purposeful, civic lives. By offering kindergarten and first-grade classes, with plans to expand each year, the academy aims to nurture its students, helping them grow from kindergarten to eighth grade. With approximately 54 students enrolled in the 2021-2022 school year, Compass Collegiate Academy is committed to fostering an environment that encourages learning and the development of essential skills for a successful future.
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Impact
July, 2024
Compass Collegiate Academy's impact is evident in its dedication to providing every scholar with a strong academic foundation and habits that inspire lifelong learning and purposeful civic engagement. By offering tuition-free education from kindergarten through 1st grade, and expanding to include additional grades each year, Compass Collegiate Academy is shaping the next generation of leaders in Charleston, SC. With a focus on cultivating lifelong learners, this public school is making a tangible difference in the lives of approximately 54 enrolled students, empowering them to become well-rounded individuals who contribute positively to their communities.
This information is meant to be a general summary of Compass Collegiate Academy. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $75
- Program Service Revenue: $34,326
- Gross Receipts: $1,431,456
Assets and Liabilities:
- Total Assets: $364,668
- Total Liabilities: $32,649
- Net Assets: $332,019
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PUPIL ACTIVITY
Revenue
$21,340
TUITION AND FEES
Revenue
$8,551
OTHER REVENUE
Revenue
$4,435
Organization Details
Founding Year
2018
Phone
(843) 410-9765Principal Officer
Elizabeth Simpson
Main Address
34 RACE STREET, CHARLESTON, SC, 29403
Website
www.cca-chs.orgNTEE Category
Code: B29 - Education
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